SmartRider

Usage Based Insurance Market worth $80.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, October 13, 2023
Mobility, SUV, SmartRider, ICE, CMT, Nationwide Mutual Insurance Company, Light, SmartDrive, USD, GM, Bev, Original equipment manufacturer, Insurance, Transport, Travel, LCV, Unused drug, EV, Maas, OBD-II, State Farm, Liberty Mutual, Allstate, LDV Convoy, International Energy Agency, Maintenance, Pacific Ocean, Policy, Kilometre, NA, LDV, Hepatitis D, UBI, UnipolSai, Unipol, Habit, Acceleration, Farmers Insurance Group, BEV, Progressive Corporation, Rail transport, Mobile phone, Snapshot

Battery electric vehicles (BEVs) are equipped with various sensors that generate data about vehicle usage, such as speed, mileage, braking patterns, and battery usage.

Key Points: 
  • Battery electric vehicles (BEVs) are equipped with various sensors that generate data about vehicle usage, such as speed, mileage, braking patterns, and battery usage.
  • North America has UBI's top key players: Allstate Insurance Company, Farmers Insurance, Nationwide Mutual Insurance Company, Progressive Casualty Insurance Company, State Farm Mutual Automobile Insurance Company, etc.
  • The usage-based insurance companies in North America, are UnipolSai Assicurazioni S.p.A (Italy), Progressive Casualty Insurance Company (US), Allstate Insurance Company (US), State Farm Automobile Mutual Insurance Company (US), and Liberty Mutual Insurance Company (US).
  • In July 2021, Unipol's Linear Assicurazioni and Cambridge Mobile Telematics (CMT) launched Italy's first try-before-you-buy auto insurance program.

Usage Based Insurance Market worth $80.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, October 13, 2023
Mobility, SUV, SmartRider, ICE, CMT, Nationwide Mutual Insurance Company, Light, SmartDrive, USD, GM, Bev, Original equipment manufacturer, Insurance, Transport, Travel, LCV, Unused drug, EV, Maas, OBD-II, State Farm, Liberty Mutual, Allstate, LDV Convoy, International Energy Agency, Maintenance, Pacific Ocean, Policy, Kilometre, NA, LDV, Hepatitis D, UBI, UnipolSai, Unipol, Habit, Acceleration, Farmers Insurance Group, BEV, Progressive Corporation, Rail transport, Mobile phone, Snapshot

Battery electric vehicles (BEVs) are equipped with various sensors that generate data about vehicle usage, such as speed, mileage, braking patterns, and battery usage.

Key Points: 
  • Battery electric vehicles (BEVs) are equipped with various sensors that generate data about vehicle usage, such as speed, mileage, braking patterns, and battery usage.
  • North America has UBI's top key players: Allstate Insurance Company, Farmers Insurance, Nationwide Mutual Insurance Company, Progressive Casualty Insurance Company, State Farm Mutual Automobile Insurance Company, etc.
  • The usage-based insurance companies in North America, are UnipolSai Assicurazioni S.p.A (Italy), Progressive Casualty Insurance Company (US), Allstate Insurance Company (US), State Farm Automobile Mutual Insurance Company (US), and Liberty Mutual Insurance Company (US).
  • In July 2021, Unipol's Linear Assicurazioni and Cambridge Mobile Telematics (CMT) launched Italy's first try-before-you-buy auto insurance program.

Spanish-language and Digital Quoting Services on the Rise Among Leading Insurance Carriers

Retrieved on: 
Wednesday, June 21, 2023
Online, Scorecard, Insurance, Way, Policy, Intelligence, Lincoln, GEICO, Amazon Alexa, SmartRider, Weather, Digital, Nationwide, State Farm

WILMINGTON, Del., June 21, 2023 /PRNewswire-PRWeb/ -- Keynova Group, the principal competitive intelligence source for digital financial services firms, today announced the results of the Q2 2023 edition of its semi-annual Online Insurance Scorecard, an evaluation of 12 of the largest U.S. auto and property insurance carriers' website capabilities. Progressive once again earns first place for its online user experience with the highest overall score.

Key Points: 
  • "Insurance carriers are extending Spanish-language options throughout their online properties to accommodate the increasing number of Spanish-speaking consumers in the market," said Beth Robertson, managing director, Keynova Group.
  • "In addition, these firms are improving the prospect and policyholder experience by building new tools into digital quoting and policy change processes."
  • For prospects researching policies and coverage, 50% of reviewed carriers now offer public-site content about insurance products in Spanish.
  • Digital quoting is also being improved as leading carriers add dynamic pricing tools that enrich the user experience and accelerate access to customized quote results.

Terrifying truth: It's getting scarier on America's roadways

Retrieved on: 
Tuesday, March 28, 2023
Intelligence, Guideline, Learning, Gen, Habit, Insights Association, Fear, Research, Millennials, Telematics, Generation Z, Risk, SmartRider, Nationwide, Pedestrian, Social media, Safety, Mobile phone, Car rental, Maintenance (technical)

COLUMBUS, Ohio, March 28, 2023 /PRNewswire/ -- Consumers fear drivers are faster, more aggressive, and more reckless compared to 2022. They are right. New research from Nationwide shows dangerous driving behavior has not improved since last year. In fact, it has reached alarming highs. 

Key Points: 
  • Nationwide's Agency Forward research found that Gen Z has especially developed unsafe driving habits.
  • During the past year:
    38% of Gen Z consumers admitted to looking at their phone more frequently while behind the wheel.
  • "The trends we're seeing are not heading in the right direction," said Beth Riczko , President, P&C Personal Lines at Nationwide.
  • "In 2022, even minor repairs took several weeks to complete, and hundreds of dollars more than they did in 2019.

Survey: 86% of drivers support hands-free legislation

Retrieved on: 
Monday, April 18, 2022
Motor vehicle, Awareness, Distracted driving, Behavior, Insurance Institute for Highway Safety, Nationwide, Fatality, Legislation, Insurance, IIHS, Safety, Data, GHSA, Crash, Intelligence, Book, Governors Highway Safety Association, SmartRider, Mobile phone, Road, Advocate

COLUMBUS, Ohio, April 18, 2022 /PRNewswire/ -- A new study1 from Nationwide finds that Americans overwhelmingly support new laws to curb distracted driving. As part of Distracted Driving Awareness Month, Nationwide is renewing its call for all 50 states to enact hands free-primary enforcement laws. This will enable law enforcement to ticket motor vehicle operators who are operating mobile handheld devices behind the wheel.

Key Points: 
  • 88% of consumers say they support legislation to address distracted driving.
  • 86% support legislation in their state that would prohibit drivers from holding their phones while driving to talk, text or for other purposes except in emergency situations.
  • "Nationwide's new findings clearly demonstrate the public's overwhelming concern about device use behind the wheel and their support for acting now.
  • Through the SmartRide mobile program, there has been nearly a 10 percent reduction in everyday hand-held distraction among these drivers.

Bad driving has Americans on edge

Retrieved on: 
Wednesday, March 30, 2022
Risk, Mobile, Organization, Fatality, P&C, Pedestrian, Roadie (app), Intelligence, SmartRider, Accident, Death, Industry, Technology, Twitter, Awareness, Nationwide, Standard, National Highway Traffic Safety Administration, Facebook, Efts, Nationwide Mutual Insurance Company, Millennials, Eagle, Insurance, Road, Mobile phone, Taxicab

COLUMBUS, Ohio, March 30, 2022 /PRNewswire/ -- The roadways changed drastically at the onset of the pandemic, even with fewer drivers on the road, traffic deaths have soared throughout the pandemic. According to the National Highway Traffic Safety Administration, despite miles driven declining by 11%, there was a 6.8% increase in fatalities from motor vehicle crashes in 2020.

Key Points: 
  • As we enter Distracted Driving Awareness Month, a new study from Nationwide found drivers are practicing poor driving behavior despite fears of others driving dangerously.
  • Drivers say the road is considerably more dangerous today than before the pandemic, with half saying that driving is more stressful.
  • During the past 12 months:
    "The first step to correcting bad driving behavior is recognizing when you're doing it, and surprisingly enough, technology can help with that," said Riczko.
  • "Nationwide's SmartRide mobile app provides customized feedback on phone distractions to help our members reduce distracted driving on roadways.

Holiday Driving Forecast: Safe Driving is the Gift that Keeps Giving

Retrieved on: 
Wednesday, December 15, 2021
Organization, Insights Association, Accident, Christmas, Insurance, Intelligence, Standard, Friends, Industry, Family, Telematics, Big data, SmartRider, Habit, Guideline, Association, Research, Safety, Data collection, Program, News, Technology, Ridesharing company, Nationwide

The data reveals that the most dangerous day to be on the road this holiday season will be Thursday, Dec. 23.

Key Points: 
  • The data reveals that the most dangerous day to be on the road this holiday season will be Thursday, Dec. 23.
  • "It's no secret that some motorists picked up bad driving habits during the pandemic.
  • "The good news is drivers in our telematics program are willing to change their driving behaviors."
  • Telematics technology is one way to help keep drivers safe year-round and save money through lower insurance premiums.

Quadro Vehicles S.A. Taps LoJack Italia for Advanced Connected Vehicle Technology and Security

Retrieved on: 
Monday, April 23, 2018
Automotive accessories, Geolocation, Car theft, Security engineering, Technology, LoJack, Rootkits, Wireless, SmartRider, Smartphone

Quadro Vehicles registered in Italy and France will be integrated with the LoJack Connect technology enabling riders to view real-time vehicle status via a new SmartRider application on their smartphones.

Key Points: 
  • Quadro Vehicles registered in Italy and France will be integrated with the LoJack Connect technology enabling riders to view real-time vehicle status via a new SmartRider application on their smartphones.
  • The LoJack Connect technology and stolen vehicle recovery (SVR) services provide drivers with sophisticated mobility capabilities, peace of mind and a greater insight into vehicle status and location.
  • LoJack Italia developed a custom SmartRider app allowing drivers to always stay connected to their vehicles via their smartphones.
  • "LoJack Connect and the SmartRider application further enhance Quadro's innovative vehicle technology by strengthening security and enabling riders to always stay connected with valuable diagnostics and location information," said Maurizio Iperti, CEO of LoJack Italia.